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Topica Secures $28 Million In Equity Financing
2000-07-12

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Topica Inc., a leading provider of email content for consumers and professionals, announced that it has secured $28 million in equity financing.

Morgan Stanley Dean Witter Private Equity and European venture capital firm TLcom Capital Partners led the round of financing, while previous Topica investors August Capital, Highland Capital Partners, Moore Capital Management, Draper-Richards and Angel Investors also participated.

"We are very pleased to receive funding from such leading private equity investors as Morgan Stanley Dean Witter Private Equity and TLcom," said Ariel Poler, CEO of Topica. "They will be very helpful as we continue to build the premier provider of email content, enabling marketers to reach highly targeted individuals based on their interests."

Through tens of thousands of email newsletters, tips, discussions and opt-in lists, Topica enables marketers to reach highly targeted consumers and professionals based on their demonstrated interests. For people who run or want to start their own email newsletters and discussions, Topica provides free hosting, archiving, promotion and advertising services.

For more information about Topica Inc., visit the Web Site.